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Briefings
31 Aug 2018

Reconciling CORSIA and the Sustainable Development Mechanism

Executive Summary The Paris Agreement breaks away from the division of “developed” vs. “developing” countries which was enshrined in the Kyoto Protocol. It sets a new dynamic which will inevitably impact the next generation of carbon markets. It further sets new objectives for these mechanisms, such as contributing to overall mitigation of global GHG emissions and…

Briefings
20 Sep 2017

Pricing carbon to achieve the Paris goals

Executive Summary Putting a price on carbon, based on the polluter pays principle, has the potential to be a powerful policy tool to reduce greenhouse gas emissions in the fight against climate change. A carbon price can come in the form of a tax or a cap and trade system. With a tax, the price of polluting…

Briefings
19 Apr 2017

CLARA Briefing – Climate Action in the Land Sector: Treading carefully

This briefing, published by the Climate, Land, Ambition and Rights Alliance – CLARA –, has been endorsed by Carbon Market Watch. Executive Summary Climate action must be urgently scaled up to limit global warming. Action in the land sector is critical and necessary for achieving the Paris Agreement’s goal of limiting planetary warming to 1.5°…

Briefings
18 Apr 2017

Good-Bye Kyoto: Transitioning away from offsetting after 2020

The 2015 Paris Agreement, which sets out the framework for global climate action after 2020, includes the establishment of the Sustainable Development Mechanism (SDM). The goals of the SDM are to promote higher ambition that contributes to emission reductions and sustainable development, and deliver an overall mitigation of greenhouse gas emissions.

Briefings
14 Oct 2016

The CORSIA: ICAO’s market based measure and implications for Europe

Executive Summary On October 6th, Member States of the International Civil Aviation Organisation (ICAO) agreed on an offsetting scheme to compensate for emissions growth from 2020 levels. The new scheme, called the Carbon Offset and Reduction Scheme for International Aviation (CORSIA), falls short of achieving the goal of carbon neutral growth in 2020 (CNG2020), let…

Briefings
8 Jul 2016

Joint Policy Brief: Why LULUCF cannot ensure that bioenergy reduces emissions

As part of work to produce a climate and energy package for 2030, the European Commission is currently reviewing the sustainability of all uses and sources of bioenergy for the period after 2020.1 The European Commission will also propose a new policy on how to include the land use, land use change and forestry (LULUCF) sector in the EU’s…

Briefings
24 May 2016

Report: Human Rights implications of climate change mitigation actions, second edition

Executive Summary Countries’ obligations under international human rights law are well established. These include the obligations to respect, protect, and fulfill human rights, which are applicable in the context of climate change. Parties to the United Nations Framework Convention on Climate Change (UNFCCC) recognize that they must respect human rights—including procedural rights—in all climate-related actions….

Briefings
19 May 2016

Recommendations for Article 6 of the Paris Agreement

Carbon Market Watch welcomes the opportunity to provide input to the discussions on matters relating to Article 6 of the Paris Agreement.

Briefings
5 May 2016

Cabin cross check: Safety criteria for aviation’s market-based measure

Summary Aviation accounts for approximately 4.9% of all global warming1 and is projected to grow by up to 300% by 2050 if left unaddressed. In order to limit the global average temperature rise to 1.5°C above preindustrial levels, international aviation must contribute to the global effort to reduce emissions. The International Civil Aviation Organization (ICAO), the international body responsible…

Briefings
16 Feb 2016

Rooting out the problem: preventing LULUCF from undermining the EU’s 2030 target

The European Commission is expected to publish legislation on how to include the land use, land use change and forestry (LULUCF) sector into the EU’s 2030 climate framework in the summer of 2016. Three options presented by the Commission on how to do this suggest various levels of integration with other sectors, from keeping LULUCF in a separate pillar, combining the sector with methane (CH4) and nitrous oxide (N20) agriculture emissions, or adding the sector into the Effort Sharing Decision (ESD).